UNI

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0312%/8h= +34.2% APRnext payment +$0.39 per $10,000 · paid last 24h +0.183%

Price spread now: Lighter against Extended−0.487%7-day average +0.143% · you buy dearer than you sell

Net, funding: paid 7d − costs+$4as in the Funding arb table

Net, price: spread back to 7d avg − costs−$85as in the Price arb table

costs, in and out, $10k−$220.221% of the position

Long on Extended Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.259%+$26 on $10k

Price spread, last 7 days+0.617%+$62 · spread now −0.487%, 7d avg +0.143%

Together, before fees+0.876%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board+$88 on $10k · with fees, hour by hour

Funding pays, the price is against you. Lighter is 0.630% cheaper against Extended than usual: you would sell low and buy high (spread −0.487% now, against its 7-day average of +0.143%). If the spread goes back, that is −$63 on $10k: about 6.7 days of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.259% in total) that is about 17 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended UNI-USD	9.0152	0.0104	pay 0.0013% / 1h	44m 25s	$299K	$1.5M	25x
Short	Lighter UNI	8.9713	0.0416	get 0.0052% / 1h	44m 25s	$4.6M	$5.3M	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ExtendedbpFee LighterbpOrdersPrice spread, now −0.487%Rate

Funding earned: $65.52
Price spread: −0.487% → +0.143%: −$62.99
Slippage, 4 orders: −$17.09
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Lighter: 0 bp × 2 orders: $0
Net: −$19.57
Costs to cover: 0.221%
Break-even: 9.1 days

Slippage from Extended: live order book, 4 min ago; Lighter: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended live order book, 4 min ago	2.62 bp	5.2 bp −$5	9.3 bp −$93	doesn't fit	doesn't fit
Sell Lighter live order book, 8 min ago	1.55 bp	3.1 bp −$3	13.5 bp −$135	116.5 bp −$11.7K	doesn't fit

UNI on 40 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) UNI/USD	L +0.0004% / S −0.0004%	1h	9.0045	−0.119%	$37K	—	150x	as long as short
dYdX UNI-USD	+0.0027%	1h	8.9636	−0.573%	$236K	$30K	10x	as long as short
Injective UNI/USDC PERP	+0.0033%	1h	8.8300	−2.055%	$660	$154K	12x	as long as short
01 Exchange UNIUSD	+0.0048%	1h	8.9787	−0.405%	$448	—	10x	as long as short
Nado UNI-PERP	+0.0100%	1h	8.9905	−0.274%	$933K	$4.3M	10x	as long as short
Hyperliquid UNI	+0.0100%	1h	8.9984	−0.187%	$98.0M	$59.8M	10x	as long as short
Aster UNIUSDT	+0.0100%	8h	8.9778	−0.415%	$1.0M	$2.9M	50x	as long as short
Pacifica UNI	+0.0100%	1h	8.9627	−0.583%	$294K	$582K	10x	as long as short
Binance UNIUSDT	+0.0100%	8h	9.0079	−0.081%	$224.4M	$610.0M	75x	as long as short
Bybit UNIUSDT	+0.0100%	8h	9.0140	−0.014%	$101.0M	$107.8M	75x	as long as short

Show all 40 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX UNI-USDT-SWAP	+0.0100%	8h	9.0170	+0.020%	$55.5M	$254.2M	50x	as long as short
Arcus UNI-USD	+0.0100%	1h	8.9830	−0.357%	$274K	$616K	10x	as long as short
Gate UNI_USDT	+0.0100%	8h	8.9940	−0.235%	$22.9M	$58.0M	75x	as long as short
MEXC UNI_USDT	+0.0100%	8h	8.9870	−0.313%	$49.8M	$25.0M	200x	as long as short
KuCoin UNIUSDTM	+0.0100%	8h	8.9940	−0.235%	$13.4M	$13.7M	75x	as long as short
Bitget UNIUSDT	+0.0100%	8h	9.0170	+0.020%	$33.0M	$42.8M	75x	as long as short
BingX UNI-USDT	+0.0100%	8h	9.0100	−0.058%	—	$57.2M	—	as long as short
Backpack UNI_USDC_PERP	+0.0100%	1h	8.9498	−0.726%	$981K	$2.4M	10x	as long as short
Variational Omni UNI	+0.0100%	8h	8.9621	−0.589%	$4.1M	$4.3M	—	as long as short
edgeX UNIUSDC	+0.0100%	4h	8.9787	−0.405%	$169K	$345K	20x	as long as short
GRVT UNI_USDT_Perp	+0.0100%	8h	8.9996	−0.173%	$635K	$2.6M	10x	as long as short
ApeX Omni UNIUSDT	+0.0100%	1h	8.9780	−0.413%	$88K	$706K	50x	as long as short
StandX UNI-USD	+0.0100%	1h	8.9590	−0.624%	$55K	$3.3M	20x	as long as short
Polymarket Perps UNI-USD	+0.0100%	1h	8.9883	−0.299%	$85K	$409K	10x	as long as short
Orderly PERP_UNI_USDC	+0.0100%	8h	9.0190	+0.042%	$16K	$1.7M	10x	as long as short
SunX UNI-USDT	+0.0100%	8h	9.0242	+0.100%	$36K	$1.3M	30x	as long as short
SoDEX UNI-USD	+0.0100%	1h	9.0170	+0.020%	$22K	$715K	10x	as long as short
HTX UNI-USDT	+0.0100%	8h	8.9680	−0.524%	$713K	$4.2M	75x	as long as short
Phemex UNIUSDT	+0.0100%	8h	8.9560	−0.657%	$27.0M	$4.5M	50x	as long as short
Paradex UNI-USD-PERP	+0.0100%	8h	8.9664	−0.541%	$26K	—	20x	as long as short
Extended UNI-USDlong	+0.0104%	1h	9.0152	long leg	$299K	$1.5M	25x
Aevo UNI-PERP	+0.0104%	1h	9.0195	+0.047%	$32K	—	3x	as long as short
BloFin UNI-USDT	+0.0220%	8h	8.9940	−0.235%	$10.3M	$3.6M	75x	as long as short
Coinbase International UNI-PERP-INTX	+0.0312%	1h	8.9580	−0.635%	$1.1M	$4.6M	50x	as long as short
Reya UNIRUSDPERP	+0.0368%	1h	8.9873	−0.310%	$16K	—	20x	as long as short
GMX UNI/USD [UNI-USDC]	L +0.0382% / S −0.0245%	1h	8.9941	−0.234%	$641K	—	120x	as long as short
Lighter UNIshort	+0.0416%	1h	8.9713	−0.487%	$4.6M	$5.3M	15x
Kraken Futures PF_UNIUSD	+0.0425%	1h	9.0212	+0.066%	$5.0M	$6.9M	50x	as long as short
Deribit UNI_USDC-PERPETUAL	+0.0582%	1h	9.0250	+0.109%	$583K	$187K	50x	as long as short
Aftermath Perps UNIUSD	+0.1006%	1h	8.9909	−0.270%	$938	$49K	10x	as long as short